Refex Industries Bags ₹40.42 Crore Ash Transportation Rate Contract
Refex Industries Limited has received a Slab-wise Rate Contract for Transportation of Ash. The contract is with a domestic entity in Maharashtra and has a duration of 12 months. The approximate value of the order is ₹40.42 Crore, including GST.
The order value of ₹40.42 Crore is significant and is expected to contribute to the company's revenue over the 12-month execution period, making the impact medium.
The company has secured a new order, which is a positive development for its business operations and revenue generation.
Refex Industries Limited (RIL) has secured a Slab-wise Rate Contract for the Transportation of Ash from a Maharashtra-based domestic entity. The contract is for a period of 12 months and is valued at approximately ₹40.42 Crore, including GST.
This order falls under the category of bagging/receiving of orders/contracts and is not considered a related party transaction. There is no interest from the promoter, promoter group, or group companies in the entity that awarded this contract. The contract involves the scope of supply and services for transportation of ash on a slab-wise rate basis.
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Refex Industries Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Refex Industries Limited. Read the original for the full detail.